INFORMATION

PERCENTAGE GUIDE FOR FAMILY INCOME

(Family of Two—Married Couple)
or
Gross Household Income 15,000 less 25,000 35,000 45,000 55,000 65,000 115,000
1. Tithe 10% 10% 10% 10% 10% 10% 10%
2. Taxes1 6.4% 15.2% 19% 21.2% 22.5% 24.7% 30%

Net Spendable percentages below add to 100%

NET SPENDABLE INCOME 12,540 18,700 24,850 30,960 37,125 42,445 69,000
3. Housing 40% 36% 32% 30% 30% 30% 29%
4. Food 15% 12% 13% 12% 11% 11% 11%
5. Auto 15% 12% 13% 14% 14% 13% 13%
6. Insurance 5% 5% 5% 5% 5% 5% 5%
7. Debts 5% 5% 5% 5% 5% 5% 5%
8. Entertainment/Recreation 3% 6% 6% 7% 7% 7% 8%
9. Clothing 4% 5% 5% 6% 6% 7% 7%
10. Savings 4% 5% 5% 5% 5% 5% 5%
11. Medical/Dental 4% 4% 4% 4% 4% 4% 4%
12. Miscellaneous 5% 5% 7% 7% 8% 8% 8%
13. Investments2 — 5% 5% 5% 5% 5% 5%
If you have this expense below, the percentage shown must be deducted from other budget categories.
14. School/Child Care3 — — — — — — —

15. Unallocated Surplus Income4 — — — — — — —

1
Guideline percentages for tax category include taxes for Social Security, federal, and a small estimated amount
for state, based on 2003 rates.
2
This category is used for long-term investment planning, such as college education or retirement.
3
This category is added as a guide only. If you have this expense, the percentage shown must be deducted from
other budget categories.
4
This category is used when surplus income is received. This would be kept in the checking account to be used
within a few weeks; otherwise, it should be transferred to an allocated category.
© Crown Financial Ministries PGI02 4/02

CROWN FINANCIAL MINISTRIES Organizations or resources that may be listed above are not necessarily endorsed by Crown Financial Ministries but
PO Box 2377 • Gainesville GA 30503-2377 are given as possible sources of contact. Make sure any organization you choose provides services and counsel
770-534-1000 • www.crown.org compatible to your convictions and beliefs.
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